Read the Yahoo! Finance Daily Recap here: http://finance.yahoo.com/news/dow-briefly-adds-100-points-145730517.html.
Interesting article on the takeaways from Janet Yellen’s speech on the economy. http://e.businessinsider.com/555fa6b2e36ee94f408b4567555fa6a4897e2c8a5053b333/VV-ZE0mOBvoVx5PjA6837
Alex Gorsky, CEO of Johnson and Johnson, discusses new drugs in the company’s pipeline, promising results in oncology and defending the company’s franchise. http://video.cnbc.com/gallery/?video=3000381199 Part 1 http://video.cnbc.com/gallery/?video=3000381170 Part 2
Morgan Stanley explains why Apple could rise 50% http://www.cnbc.com/id/102698349
Fed: Weakness ‘transitory,’ but no June rate hike http://www.cnbc.com/id/102695383
Wrapping up the day’s action. http://finance.yahoo.com/news/stock-futures-rise-ecb-says-114408192.html
In a letter to Apple CEO Tim Cook, activist investor Carl Icahn wrote that he values Apple shares at $240 today. http://www.cnbc.com/id/102650329
Very interesting article about Japan and the struggles of their economy. If the author’s thesis holds true, the security (YCS) is a way to short the Japanese Yen. http://www.businessinsider.com/japan-is-on-its-way-to-a-third-lost-decade-2015-5